The RBA has left its official cash rate at the record-low of 1.5 per cent for the 29thmonth in a row but experts are saying a cut this year is becoming inevitable.
Property tax is set for a crackdown from January 1 next year if Labor wins the upcoming election, which current polls suggest they will.
The property downturn is providing an opportunity for first homebuyers not seen for some time but it may pay to use some caution if looking to enter the market for the first time.
Westpac are offering a $2000 rebate for each property to new borrowers refinancing their mortgage in a bid for more market share.
The property downturn in Australia is deepening and becoming the worst in recent history.
Economists say the concept of ‘FONGO’ (Fear Of Not Getting Out) will see a wave of property sell-offs during this property downturn.
The Federal Government has back-flipped on implementing the banking royal commission’s recommendation that commissions in the mortgage broking industry be abolished.
The way people handle their money is having a significant impact on the health of Australians according to a new benchmark measure of financial wellbeing.
Despite the recent handing down of the Hayne royal commission report, broker market share of Australian home loans has reached a record high.
Two of Melbourne’s most popular suburbs – St Kilda East and South Yarra – are two of the locations that have been hardest hit by the property downturn.
